Extreme Networks (EXTR) Tops Q1 EPS by 5c, Beats on Revenue; Offers FY27 Guidance

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Go back to Extreme Networks (EXTR) Tops Q1 EPS by 5c, Beats on Revenue; Offers FY27 Guidance

Extreme Networks Reports First Quarter Fiscal Year 2027 Financial Results

October 28, 2026 7:05 AM EDT

Revenue climbs 10% on seven straight quarters of double-digit growth

Strong Extreme Platform ONETM Bookings help drive SaaS ARR growth up 22%

MORRISVILLE, N.C.--(BUSINESS WIRE)-- Extreme Networks, Inc. (Extreme) (Nasdaq: EXTR) today released financial results for its first quarter ended September 30, 2026.

Extreme delivered its seventh consecutive quarter of double-digit year-over-year growth in Q1. Demand for Extreme Platform ONE continues to accelerate, with strong quarter-over-quarter subscription gains. Platform ONE bookings are now over 50% of subscription bookings, up 5x from the... More